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Prices Paid: Buying & Leasing Experiences BMW 3-Series Lease Questions
3200 messages, Last post on Nov 25, 2009 at 7:08 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: goldenmeeko (Nov 11, 2008 3:10 pm) Once you have arrived at a selling price that you are comfortable with, have the dealer calculate your monthly payment using BMW FS' buy rate lease money factor of .00200 (for returning lessees or new ones who pay a security deposit) and you're all set. Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Replying to: Car_man (Nov 16, 2008 6:17 pm) Thanks for everything.
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Replying to: Car_man (Nov 17, 2008 4:17 am) Great forum--very helpful. Do you know the current lease terms for a 2009 335i coupe for a new buyer? 12K/36 months. --Residual % --Money Factor --Spread between MSRP and invoice? I'm getting quote money factors from 0.0017 to 0.00215. I figure various dealers are throwing around figures that are too low/high. I heard from one dealer, that some will lure customers in with a low money factor just to get the customer to sign for the lease and drive with the car; only to have 3 days later the lease rejected by the financing company and re-presented with a higher money factor that most buyers will then sign for to save the hassle of returning the car. That would be a total waste everyone's time! Thanks Peter
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Replying to: Car_man (Nov 17, 2008 4:13 am) 2008 328i 36 month lease 15000 miles/year $1182.54 down payment License Fee $291 Tax on Down $97.56 California Tire Fee $8.75 First Month's Payment including tax $420.15 (This equals Total Drive OFF $2000) M.F. 0.0009 Cap Cost $33220 Doc Fee $45 DMV Electronic Titling Fee $28 Acquisition Fee $725 (This equals Gross Cap Cost of $34018) Monthly Payment is $388.13 plus tax (=$420.15) Residual $20594 What do you think?
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Car_Man, I got this lease quote from a SoCal dealer: MSRP 46,225 Base Cap 42,225 Cap redux 1,000 Residual 56% (15k miles/yr) 36 months MF 0.00142 $1960 total drive off This gives a payment of $559/mo (tax rate is 7.25%). I think the MF is too high for the '08 335. Should this not be around 0.0009?
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Replying to: mshtpc (Nov 19, 2008 6:52 am) |
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What is the current MF and residual for a 2009 335i sedan and coupe on a 36month/10k lease?
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Replying to: swong (Nov 18, 2008 7:19 pm) |
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Also, what is the current acquisition fee for BMW? I was at my dealer today and he said it was now something like $925 or $950 (I forget to write down what number he had).
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Replying to: Car_man (Nov 16, 2008 5:57 pm) Here is my plan (questions below): Since the current program ends Dec 31, i plan to place an order for a European delivery and lock the rates 90 days from Dec 31. So by Mar 31, 2009, i would sign the lease and fly in April to Germany for pick up. Thanks!
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